Kato Public Charter School

Analysis

Kato Public Charter School is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kato Public Charter School reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $882k to $1.2m (+33%), an average of +7.4% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kato Public Charter School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Orange Education Foundation Inc ($1.2m), Open Communities Alliance ($1.2m) and Pacific States University ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. At year end it held assets of $342k against liabilities of $142k, net assets of $199k.